> He argues that even if the technical problems were solved, the social and economic changes promised by cryptocurrency are undesirable.

I didn’t realize his argument is merely that crypto will change the world in an undesirable way. I thought he was arguing that crypto will be ineffective at changing it at all. That makes his argument much easier to address.

Investing isn’t about judging a technology as good or bad, it’s about judging it as profitable or unprofitable. If he’s not arguing that the line won’t go up, then his argument is frankly irrelevant to me as an investor.

I empathize with people who believe crypto will have an overall negative effect on the world, but it’s not like it will go away if investors refuse to buy units of it. And if crypto does cause real, lasting social and economic changes over the coming decades, I personally doubt that a layman video journalist will be the one to accurately predict the nature of that transformation. The most accurate prediction is probably going to come from someone much more versed in macroeconomics and/or the tech itself. Probably from someone who understands how proof of stake works.